EVENING. Business.

Dutch bank, insurer plan merger: Dutch bank Rabobank NV...

July 10, 1998

Dutch bank, insurer plan merger: Dutch bank Rabobank NV and insurer Achmea Holding NV said they plan to merge within three years. The combined company should be a leader in virtually all financial sectors of the Netherlands, the companies said. As a first step, they will establish a joint venture involving asset management, pensions, life insurance and health insurance.